Spotify posts better than expected 2019 Q2 results
Spotify posts better than expected 2019 Q2 results with 232 million Monthly Active Users – an increase of 29% year on year. According to the company ‘the business outperformed our expectations in Q2 2019, with our gross margin up slightly year on year, despite our investments in podcasting, and with revenue growing more than 2.5x faster than the growth in operating expenses.’ The growth in Monthly Active Users (MAUs) was put down to its launch […]